Discuss the following: 1.What the study of business ethics is; 2. What the Profit Maximization theory is
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Question:
Discuss the following:
1.What the study of business ethics is;
2. What the Profit Maximization theory is ("Business as a Pure Profit Maximizer") in your own words;
3. What the Corporate Citizenship/triple-bottom-line theory is; and
4. In your opinion, whether the triple-bottom line is important for businesses to consider in their operations, or if businesses should be pure profit maximizers--explain why in your answer.
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